Premier Insurance Limited has announced the reappointment of Mr. Khalid Bashir as Chairman of the Board and Mr. Sharik Bashir as Chief Executive Officer (CEO) for a fresh three-year term, effective July 1, 2026. The appointments were disclosed through a material information notice submitted to the Pakistan Stock Exchange (PSX).
According to the company’s notification, the Board of Directors approved the reappointment of Mr. Khalid Bashir as Chairman in accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of the PSX Regulations. His new term will commence from July 1, 2026, and continue for three years.
The company also confirmed that Mr. Sharik Bashir has been reappointed as the Chief Executive Officer for an identical three-year tenure starting from the same date. The decision reflects the board’s confidence in the existing leadership team to continue steering the company’s strategic direction and operational growth.
Premier Insurance has requested the Pakistan Stock Exchange to inform TRE Certificate Holders of these appointments as required under the applicable regulatory framework. The disclosure was signed by Fariq Mahmood Khan Rohilla, Company Secretary of Premier Insurance Limited.
The reappointments ensure continuity in the company’s leadership at a time when stability and experienced management remain key priorities for listed companies operating in Pakistan’s insurance sector.
